2024 Ahoy! Can India conjure up 7% growth for the fiscal?
Can use of high-frequency formal sector indicators – which don’t take into account informal sector – be the basis for upward revision of growth numbers by RBI.
informal sector
December 2023
December 2021
April 2020
March 2020
Rising informal employment eclipses GDP recovery
As formal and well-paying jobs continue to disappear, reverse migration to informal and low-paying work could hit economic growth.
Covid-19: Saving the informal sector
The government’s immediate priority should be to save the informal sector and not limit its support to migrants or other vulnerable sections.
Covid-19: The exodus of migrant labourers
Migrant labourers in Delhi and the National Capital Region are leaving in the thousands for their native places with the 21-day lockdown putting them out of work.
